Five-Start Hotel Going Up at Mexico City Airport

Mexican airport operator Grupo Aeroportuario del Centro Norte, also known as OMA, said it acquired 90 percent of the shares of Consorcio Grupo Hotelero in order to develop and operate a hotel and commercial space inside the new Terminal 2 at Mexico City Airport.

The hotel will be jointly owned by OMA and Spain-based NH Hotels, which owns the other 10 percent not owned by OMA. The NH-branded airport hotel will have 287 rooms and will be marketed as a five-star property. OMA said it will operate the commercial areas, and NH Hotels will operate the hotel.

Officials said the hotel, which will cost approximately $22 million to develop, is 60 percent completed and is expected to open for business by the end of the first quarter of 2009.